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Trump added $2.25 trillion to the national debt in his first year back in charge, watchdog says
The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.
"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates," ...
Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...
Explore "Trumpflation," a term describing inflation concerns during President Trump's first administration; learn about related policies, debt, and effects on markets.
Former Dallas Fed President Robert Kaplan attributed the dollar’s recent slump to investors buying some tail-risk protection ...
Add Yahoo as a preferred source to see more of our stories on Google. A sudden proposal on social media from President Donald Trump to increase U.S. military spending to $1.5 trillion for Fiscal Year ...
Tariffs are among the defining policies of President Donald Trump’s second term. CNN is tracking their impact on the US ...
The Trump administration this week is rolling out “Trump Accounts,” promising $1,000 in taxpayer money for every child born between 2025 and 2028. What looks like a gift for families is really another ...
President Donald Trump's first year of his second term embarrassed the U.S. on the world stage and created massive upheaval ...
Nicole Huyer is a senior research associate in the Roe Institute at The Heritage Foundation. Since the budget is essentially financed by taxpayers, closing the gap means reduced borrowing and interest ...
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